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Directors fees

Directors fees count towards your income test. They can affect your Centrelink payment.

Granny flat interest

A granny flat interest is an agreement for accommodation for life. It can affect your eligibility or rate of payment and we may include it in your assets test.

Explanation or formal review of a decision form (SS351)

Use this form to ask for an explanation or formal review of a decision.

Seasonal work preclusion period

This applies if you or your partner finished seasonal, contract or intermittent work within 6 months of submitting your claim.

  1. Managing your money
  2. Most useful information

Financial information form (SS245)

Use this form to give us details of your financial information.

Gifting

If you give away your income or assets, they may still count towards your income and assets tests. This also applies if you sell them for less than they’re worth.

  1. Asset types
  2. Gifting

How gifting can affect your payment

If you or your partner gift money, income or assets, we may assess it in your income and assets tests.

  1. Rent Assistance
  2. What you need to do

Change of circumstances when you get Rent Assistance

We need to know about changes that could affect or stop your Rent Assistance.

Asset hardship provisions

We may stop, reject or reduce your payment because of the assets test. If this is the case, you may be able to apply under the asset hardship provisions.

  1. What FIS information you can watch online
  2. Investing basics

FIS managed funds video

Watch this video to learn about managed funds.

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Page last updated: 17 November 2025.
QC 60179